American Water Works Company, Inc. $AWK Shares Purchased by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC lifted its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 435.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,212 shares of the utilities provider’s stock after purchasing an additional 6,679 shares during the period. Gateway Investment Advisers LLC’s holdings in American Water Works were worth $1,143,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Swedbank AB grew its stake in American Water Works by 88.5% in the 3rd quarter. Swedbank AB now owns 257,413 shares of the utilities provider’s stock valued at $35,829,000 after acquiring an additional 120,890 shares during the last quarter. Mirador Capital Partners LP lifted its stake in shares of American Water Works by 28.4% during the 2nd quarter. Mirador Capital Partners LP now owns 11,577 shares of the utilities provider’s stock worth $1,610,000 after purchasing an additional 2,562 shares during the period. LGT Fund Management Co Ltd. increased its stake in shares of American Water Works by 144.4% during the 2nd quarter. LGT Fund Management Co Ltd. now owns 14,729 shares of the utilities provider’s stock valued at $2,049,000 after acquiring an additional 8,703 shares during the last quarter. St. Johns Investment Management Company LLC grew its stake in shares of American Water Works by 11.2% in the second quarter. St. Johns Investment Management Company LLC now owns 3,652 shares of the utilities provider’s stock valued at $508,000 after buying an additional 368 shares in the last quarter. Finally, West Family Investments Inc. purchased a new position in shares of American Water Works in the second quarter valued at $486,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on AWK shares. TD Cowen began coverage on shares of American Water Works in a report on Thursday, October 16th. They set a “hold” rating and a $155.00 price target for the company. Cowen started coverage on American Water Works in a research report on Wednesday, October 15th. They issued a “hold” rating for the company. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. Mizuho set a $145.00 price objective on American Water Works in a research report on Tuesday, October 28th. Finally, Wells Fargo & Company started coverage on American Water Works in a research report on Monday, October 27th. They set an “equal weight” rating and a $142.00 target price for the company. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $141.44.

American Water Works Stock Performance

Shares of AWK stock opened at $127.35 on Tuesday. The stock has a market cap of $24.86 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 3.16 and a beta of 0.76. American Water Works Company, Inc. has a one year low of $118.74 and a one year high of $155.50. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.42 and a quick ratio of 0.39. The stock has a 50-day moving average of $130.33 and a 200-day moving average of $137.37.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $1.94 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.04. The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.36 billion. American Water Works had a net margin of 21.93% and a return on equity of 10.48%. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.80 earnings per share. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS and its FY 2026 guidance at 6.020-6.120 EPS. As a group, sell-side analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 10th will be paid a dividend of $0.8275 per share. The ex-dividend date is Tuesday, February 10th. This represents a $3.31 annualized dividend and a yield of 2.6%. American Water Works’s dividend payout ratio is presently 58.17%.

American Water Works Profile

American Water Works Company, Inc (NYSE: AWK) is a publicly traded utility company that provides water and wastewater services in the United States. Its core business is the operation, management and maintenance of regulated water and wastewater systems that deliver potable water, collect and treat wastewater, and provide related customer services to residential, commercial and industrial customers as well as municipalities. The company’s operations include water treatment and distribution, wastewater collection and treatment, meter reading and billing, emergency repairs, and long-term infrastructure planning and capital project execution.

In addition to its regulated utility operations, American Water offers complementary nonregulated services and solutions that support system reliability and customer needs.